Property transferred to Community Improvement Corporation following vote by Loveland City Council
By Chuck Gibson
LOVELAND, OH (October 14, 2020) – The members of Loveland City Council voted 7-0 to approve transfer of the Butterworth Road 9.8 acre city-owned property to the Loveland Community Improvement Corporation (CIC) during their regular scheduled meeting Tuesday, October 13, 2020.
The whole thing took only about an hour including a presentation/explanation by City Manager Dave Kennedy of the plans for sale and development of the city-owned parcel on Butterworth Road. Two people signed up and spoke during a brief and orderly public hearing on the proposed transfer of the property to CIC. Concern was expressed about the impact of development during construction and after completion; with a focus on Loveland traffic flow specifically. Council members assured those who spoke, and all in attendance, they would remain diligent in their efforts to ensure revenues from the development would be used to help address any potential traffic issues. Then Loveland Council voted to approve the transfer.
The transfer of the property and the expediency of having the hearing to approve the transfer to CIC provides only for the Community Improvement Corporation to act as agent for sale of the property to the proposed buyer/developer of the land. To be clear, council’s action taken Tuesday evening is one step in the process to complete a sale of the land. City Manager Dave Kennedy is very clear about making sure the community of Loveland understands the transfer of the land to CIC does NOT constitute “a done deal.”
For more details: Go to City of Loveland online at: www.lovelandoh.gov